On February 27, Farasis Energy (Gan Zhou) Co.Ltd(688567) released the financial report, which showed that the revenue in 2021 was 3.403 billion yuan, a year-on-year increase of 203.97%; The net profit loss was 974 million yuan Farasis Energy (Gan Zhou) Co.Ltd(688567) said that the prices of raw materials of the company’s main products rose sharply and the cost of materials increased. Due to the lag of price adjustment, the product price failed to rise in time with the rising trend of power battery material price during the year.